Press Release

Frost & Sullivan Names Cognite as the Leader in the Global Digital Industrial Platforms Market

Written by Team Cognite | Aug 16, 2023 1:42:50 PM

Cognite is recognized with the 2023 Best Practices Company of the Year Award in the global digital industrial platforms category, credited for working closely with its customers to shape industry trends and develop best-in-class solutions. 

AUSTIN, TX, OSLO, NO – August 16, 2023 – Frost & Sullivan selected Cognite as the 2023 leader in the global digital industrial platforms award category. This recognition was based on Cognite’s game-changing and market-disrupting solution called Cognite Data Fusion®️ that enables operators to access trustworthy data in real time, fueling rapid decision making and industrial application development, operationalization, and scaling from proof of concept to the field. This is the second time Cognite’s been recognized by Frost & Sullivan.

With a specialized focus on the industry, Cognite’s flagship Cognite Data Fusion®️ provides simple access to complex industrial data. Cognite's Industrial DataOps platform solves the industrial data problem and the industrial AI problem, providing unified and contextualized data with an innovative generative AI architecture that eliminates hallucinations, mitigates data leakage, and enables trust and access control. With Cognite Data Fusion®️, Cognite makes data and AI work for the industry, accelerating the building of a more resilient and sustainable industrial future. 

According to Cognite’s Chief Marketing Officer Petteri Vainikka, “Asset-intensive industries are struggling with digital immaturity, but they’re also struggling with siloed data, uncontextualized data lakes, and an inability to scale solutions. Cognite was founded to solve this industrial data problem, and, as such, we are uniquely positioned to lead in the rapid development of industrial Generative AI technologies as well. Industry has never been better positioned to leverage this kind of technology, and we have never been closer to making such a significant impact on the long-term sustainability of industry. We are honored that Frost & Sullivan yet again bestowed strong recognition for our talented team and for the work we are doing together with our customers and partners.” 

This Frost & Sullivan recognition is for companies at the forefront of innovation and growth in their respective industries. The process involves identifying companies that consistently develop growth strategies based on a visionary understanding of the future and effectively address new challenges and opportunities. Frost & Sullivan’s Company of the Year Award is the top honor and recognizes the market participant that exemplifies visionary innovation, market-leading performance, and unmatched customer care. This award comes on the heels of the Frost Radar™: Digital Industrial Platforms report, in which Cognite Data Fusion® was recognized for its pioneering excellence as one of the top five trailblazers among 600 digital industrial platforms.

For more information about the Frost & Sullivan Company of the Year Award, visit: https://www.frost.com/wp-content/uploads/2023/08/Cognite-Award-Writeup_updated.pdf

About Cognite
Cognite is a globally recognized leader in industrial software with a clear vision: to rapidly empower industrial companies with accessible, trustworthy, and contextualized data and drive the full-scale digital transformation of asset-heavy industries. With its market-leading Industrial DataOps platform, Cognite Data Fusion®, and a comprehensive suite of Industrial Generative AI capabilities, Cognite AI, Cognite makes it easy for decision-makers to access and understand complex industrial data. Cognite Data Fusion® is a user-friendly, secure, and scalable platform that enables industrial data and domain users to collaborate quickly and safely to develop, deploy, and scale Industrial Generative AI solutions that deliver both profitability and sustainability. Visit us at www.cognite.ai and follow us on LinkedIn and Twitter.

Media Contact:
Michelle Holford
Vice President, Global PR, Cognite
michelle.holford@cognite.com